1347 James St S, Thunder Bay - MLS® ID TB200680

John DiRenzo, Sales Representative • Phone: 1-800-901-6905 • https://www.homevista.ca RE/MAX Centre City John DiRenzo Team Brokerage

1347 James St S, Thunder Bay ON

1347 James St S, Thunder Bay - MLS® ID TB200680


MLS® ID TB200680

$924,900.00 FOR SALE

Community: Thunder Bay / Postal Code: P7J1G6
Style/Type:  Multi-family Multi-Family
Ownership Type: 
Exterior Finish:  Stucco, Vinyl
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / Air exchanger Foundation:  Concrete Perimeter / Garage Type:  
Bedrooms:  0 / Bathrooms:  0 / 0
Age:  New building / Property Size:  

Rental Equipment:  
Directions:  Near the corner of James Street South and Frederica Street

Description: Brand New Built 4 Unit Apartment Building. All 2 Bedroom, 1 Bathroom Units, bi-level style with kitchen, dining area, and living room upstairs, with 2 bedrooms, bathroom, storage room downstairs, with in floor hot water gas heat. Each floor is 505 square feet making each apartment 1,010 square feet of total living space. Tenants Pay all Utilities. A Great Buy For A Savvy Investor. Location Close To All Amenities. Financials are as follows: Each of the 4 apartments are rented for $1,550 on 1 year leases for a total of $6,200 a month. Total Yearly Income: $74,400. Total Yearly Expenses are: $7,500 Taxes, $2,200 Insurance, $1,000 Grass Cutting & Snow Removal. Total Yearly Expenses: $10,700. Total Yearly Net Income: $63,700. !!! (id:18531)
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1347 James St S, Thunder Bay | MLS ID® TB200680
For More Information or Schedule a Showing, send John a Message or Call 1-800-901-6905
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage. 91

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